Market Design

I post market design related news and items about repugnant markets. See my Stanford profile. I have a forthcoming book : Moral Economics The subtitle is "From Prostitution to Organ Sales, What Controversial Transactions Reveal About How Markets Work."

Friday, March 15, 2019

Ongoing controversies about same sex marriage

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Relatively recent stories, about the Methodist world and the Arab world remind us that there remains considerable active repugnance to same...
Thursday, March 14, 2019

Organ donor compensation in New Zealand

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Organ donation is being reorganized in New Zealand: First step toward more life-saving organ transplants Wednesday, 13 March 2019, Press ...
Wednesday, March 13, 2019

Disrupting black markets

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If markets can be facilitated, they can also be obstructed. The NSF announces some grants aimed at this: NSF invests in research to help ...
Tuesday, March 12, 2019

Legal lotteries and illegal numbers games: some history

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The NY Times published a nostalgic look back at the widespread illegal gambling on the "numbers" that preceded the introduction o...
Monday, March 11, 2019

Cornell celebrates Eva Tardos

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In the Cornell Sun: A Tribute to the Women in Lab Coats, Behind the Microscopes and Computer Screens By Sophie Reynolds, Catherine Cai, ...
Sunday, March 10, 2019

First-person account of a four-way kidney exchange in Houston, in the WSJ

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Here's a moving first-person account by journalist Yogita Patel in the Wall Street Journal, about her decision to donate a kidney to he...
Saturday, March 9, 2019

Deceased donation of organs for transplant: recent policy discussions

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Here's a list of links about recent discussions about how deceased donor organs are recovered and used in the U.S. First, a 2017 arti...
Friday, March 8, 2019

Why is it hard for securities exchanges to restore price competition (instead of speed competition)?

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Many stock exchanges earn rents by giving privileged access to high speed algorithmic traders.  Why doesn't a new exchange enter the ma...
Thursday, March 7, 2019

Prosecuting customers in the fight against sex trafficking of illegal immigrants in American massage parlors

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Recent headlines from an investigation into sex trafficking have included the arrests of high profile customers, which may do more to limit...
Wednesday, March 6, 2019

Working alone: sex work in Britain

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In Britain, prostitutes often feel compelled to work alone because working together puts them at risk of arrest for brothel-keeping.  But w...
Tuesday, March 5, 2019

Repugnant transactions on NPR's Hidden Brain (podcast)

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I discuss repugnant transactions with Shankar Vedantam, who intersperses our conversation with audio clips of illustrative examples... He...
Monday, March 4, 2019

Tuskegee and transplantation

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Here's a complex story from the Chicago Tribune, that conveys just some of the complicated ways that many African Americans relate to t...
Sunday, March 3, 2019

Impossibility Results in Fairness (from Adventures in Computation)

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Here are excerpts from a post at Adventures in Computation that will be of interest to market designers: Impossibility Results in Fairn...
Saturday, March 2, 2019

John Nash, his life and untimely death: an update by Sylvia Nasar

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The link may be gated, but here's a lovely piece that fills in some of the gaps for those of us who know the work that led to Nash'...
Friday, March 1, 2019

Another kidney donor from the Freakonomics interview

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Yesterday I got this cheerful email from Harry Huggins at Freakonomics, about another nondirected donor motivated to start a kidney exchang...
Thursday, February 28, 2019

Embryo adoption

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The NY Times has the story: Embryo ‘Adoption’ Is Growing, but It’s Getting Tangled in the Abortion Debate "As evangelical Christia...
Wednesday, February 27, 2019

Organ trafficking in Egypt--the Guardian

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From the Guardian's series on  Trafficking and exploitation  : Organ trafficking in Egypt "Desperate to reach Europe, migrants ...
Tuesday, February 26, 2019

Big game hunting for a fee, and conservation

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The Washington Post has the story, which reports expressions of both repugnance and support: A U.S. trophy hunter paid $110,000 to kill a...
Monday, February 25, 2019

Congestion in resident and fellowship applications and interviews: Plastic Surgery

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Medical graduates can enter plastic surgery through a residency immediately upon graduating.  As in many other specialties, there is lots o...
Sunday, February 24, 2019

Used parts: a different kind of deceased donation

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How crematoriums are recovering precious metals from inside the dead Worth thousands of dollars a year, money from recycling metal joints...
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Al Roth
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